AvaTrade Review: What You Must Know Before Using the Cryptocurrency

Cryptocurrencies use the digital encryption techniques to regulate the amount and rate at which the actual currencies are generated and transferred. Being that they operate independently, the cryptocurrencies have grown so fast regarding popularity. Ideally, they are hard to operate as they are independent as compared to the ordinary currencies which are regulated by the central bank. Many people who use the cryptocurrencies have reported that it is a lucrative kind of trade.

Trading 212

Trading 212 is believed to have been on the market for 14 years. The Brokerage has been operating for a decade in Europe under the name Avis Capital. Avus Capital is a company which was founded by Bulgarians, Boris Nedialkov alongside Ivan Ashminov. Despite the fact that Trading 212 is old, its Bitcoin Trading Platform is new and highly successful. In the UK, Avus Capital’s Bitcoin App is the most downloaded, and that is a symbol of how successful the company is at the moment.

Profitability

Nick Saunders, the Chief Executive Officer for the UK operations, made a report about the Company and its Bitcoin Trade. He said that the Bitcoin has contributed to the business success of the company. Although Saunders does not give actual figures, he makes it clear that the Bitcoin trading accounts for the total volume accumulated by all exchanges. This implies that the Bitcoin trade is lucrative just as mentioned earlier.

About the AvaTrade

Having been founded and established in 2006, AvaTrade is the world’s leading broker. It has its main offices in New York, Tokyo, Dublin, Milan, Sydney, and in many other locations. The duties undertaken by the AvaTrade are regulated by the Central Bank of Ireland and are licensed by MiFID in the European Union. ASIC in Australia also takes part in regulating the duties of the AvaTrade.

AvaTrade is currently enjoying huge profit as many people and organizations keep using the Bitcoin. The cryptocurrencies have changed the way businesses are run for there no interference by the Central Banks. AvaTrade is yet to accumulate even more profits as the Bitcoin is expected to gain more value in the next few months.